When done properly, business mergers can inject new opportunities for growth and efficiency into a company’s experience. However, ensuring a smooth merger process requires careful consideration of various factors. Understanding the intricacies of the merger process is...
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Business Organization and Formation
3 things to consider before opening a dispensary
Opening a cannabis dispensary may seem like a lucrative investment. However, it's not as simple as setting up a shop and selling your product. Before deciding if this is a venture you should pursue, it's important to understand some critical factors that will affect...
Wineries are accusing Napa County of violating their civil rights
Wine tasting is a crucial part of business for many wineries here in Northern California and points south. Local hospitality and other businesses also depend on the influx of tourists who make winery visits a part of their stay. Over 30 years ago, however, Napa County...
Can you dissolve a business partnership?
Partnerships are a standard structure in the business world. They offer many advantages, including shared responsibility, pooled resources, and combined expertise. However, there may come a point in a business relationship where each partner wants to go their separate...
What could cause a shareholder dispute?
Businesses are subject to legal challenges from a broad spectrum. As well as problems arising from external issues, they must also be on guard for problems from within. One of these areas being the shareholders. People who buy into a company do so with certain...
The importance of cultural fit in business acquisitions
A business is about so much more than just its bottom line. While it is essential to consider a business’s “figures” when looking to buy another company, it’s crucial to realize that just because a company currently turns a profit does not mean it will continue to do...
What to know before selling your business
Selling a business offers many advantages. Some people actually create businesses with the primary intention of growing and selling them. But this transaction can be complex and life-changing. Thus, it's crucial to be informed. Here is what you should know before...
Understanding “teasers” when buying (or selling) a business
A “teaser” is one of the key tools in marketing a business for sale. Like a trailer for a movie or the blurb on the back of a book, a teaser is designed to catch the interest of potential buyers – without revealing too much. A teaser is a concise document, just a few...
Mastercard demands payment processors to stop facilitating cannabis purchases
Cannabis, in both its medical and recreational forms, is legal in many U.S. states. But the substance remains illegal at the federal level. This unique legal status causes issues with some entities. Mastercard is the latest major company to attempt to distance itself...
Disparate cannabis safety regulations can lead to risks for consumers, businesses
Cannabis may be legal to use in 47 out of 50 U.S. states, but the inconsistencies in each state’s safety regulations could harm both customers and businesses, a new report warns. According to the report, each state has differing standards for factors such as the...